Analyst Activity – Royal Bank Of Canada Reiterates Buy on Adobe Systems Incorporated (NASDAQ:ADBE)

ME Staff
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Analyst Ratings For Adobe Systems Incorporated (NASDAQ:ADBE)

Today, Royal Bank Of Canada reiterated its Buy rating on Adobe Systems Incorporated (NASDAQ:ADBE) with a price target of $157.00.

There are 1 sell rating, 4 hold ratings, 24 buy ratings on the stock.

The current consensus rating on Adobe Systems Incorporated (NASDAQ:ADBE) is Buy (Score: 2.79) with a consensus target price of $153.62 per share, a potential 4.86% upside.

Some recent analyst ratings include

  • 7/31/2017-Royal Bank Of Canada Reiterated Rating of Buy.
  • 6/26/2017-Oppenheimer Holdings, Inc. Reiterated Rating of Market Perform.
  • 6/25/2017-KeyCorp Reiterated Rating of Buy.
  • 6/22/2017-JMP Securities Reiterated Rating of Outperform.

Recent Insider Trading Activity For Adobe Systems Incorporated (NASDAQ:ADBE)
Adobe Systems Incorporated (NASDAQ:ADBE) has insider ownership of 0.38% and institutional ownership of 88.14%.

  • On 7/21/2017 Abhay Parasnis, EVP, sold 12,500 with an average share price of $149.38 per share and the total transaction amounting to $1,867,250.00. View SEC Filing
  • On 7/20/2017 Donna Morris, EVP, sold 10,000 with an average share price of $150.00 per share and the total transaction amounting to $1,500,000.00. View SEC Filing
  • On 7/13/2017 Charles M Geschke, Director, sold 25,000 with an average share price of $145.16 per share and the total transaction amounting to $3,629,000.00. View SEC Filing
  • On 7/12/2017 Ann Lewnes, EVP, sold 1,953 with an average share price of $144.00 per share and the total transaction amounting to $281,232.00. View SEC Filing
  • On 6/28/2017 Daniel Rosensweig, Director, sold 11,000 with an average share price of $143.71 per share and the total transaction amounting to $1,580,810.00. View SEC Filing
  • On 6/23/2017 Donna Morris, EVP, sold 5,000 with an average share price of $145.00 per share and the total transaction amounting to $725,000.00. View SEC Filing
  • On 6/22/2017 John E Warnock, Director, sold 32,600 with an average share price of $144.07 per share and the total transaction amounting to $4,696,682.00. View SEC Filing

Recent Trading Activity for Adobe Systems Incorporated (NASDAQ:ADBE)
Shares of Adobe Systems Incorporated closed the previous trading session at 146.49 down -0.24 -0.16% with 2,182,117 shares trading hands.